ExelTech releases third quarter results

ExelTech Aerospace a leading aircraft maintenance, repair and overhaul (“MRO”) provider with operations in Montreal and Quebec City, reported its financial results for the third fiscal quarter, which ended December 31, 2007. (All amounts are in Canadian dollars).

Revenues for the quarter ended December 31, 2007 totalled $14.6 million compared to $14.0 million for the quarter ended December 31, 2006, an increase of 4%. This increase was driven by continued growth in the Company